Income & Economy in Big Rapids city, MI (49307)
Median Income
$54,803
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+707
Wealth inflow
Population
18,063
Unemployment
5.0%
1.3pp above US avg
IRS migration statistics show a net inflow of about 707 for ZIP 49307 (Big Rapids city, MI) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 49307 (2020–Present)
Since 2020, population declined 16.4%, median income rose 12.7% (inflation-adjusted), home values increased 16.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $54,803 |
| Unemployment | 5.0% |
| Establishments | 457 |
| Employees | 7,170 |